‘Tis the Season of giving. Before you begin making serious contributions to a charity, however, it’s important to understand what the charity will do with your money. If you haven’t already checked them out in the past, now is the time to do so.
A recent Wall Street Journal article reviews the problem many donors face when evaluating their charities. For example, do you expect business-like efficiency from a charity? Many people do, and with good reason.
You are donating your hard-earned money in order to see some good come out of it with as little waste and overhead as possible, right? However, some charities don’t operate that way, and others simply can’t. Some donors actually worry that any charity that is entirely focused on deliverables and business-like efficiency will simply get in the way of its charitable purpose.
Which view is important to you? The Wall Street Journal article considers both perspectives.
In the end, it’s an important matter for you to resolve regarding your own giving decisions. Knowing your expectations will help you choose wisely and ensure that you are happy with the choices you’ve made.